Qurtoba Real Estate Development has officially launched Nuzul Tower in the New Capital, with investments exceeding EGP 3bn. The announcement came during a major ceremony attended by investors, partners, and real estate leaders, underscoring the company’s ambitious vision and strong entry into the capital, Invest-Gate reports.
Strategic Location
Located on the Eastern Axis, next to the Green River, the Monorail station, the Towers District, and the Ministries District, Nuzul Tower offers direct access to one of the city’s most dynamic areas. The project consists of 15 above-ground floors and three underground parking levels, featuring smart building systems that enhance energy efficiency and reduce operating costs.
Comprehensive Investment Model
The project brings together hotel units managed by TIME Hotels International, delivering professional hospitality and guaranteed investment returns; commercial spaces overseen by InCommercial, attracting major brands; and administrative offices that include serviced units and Sky View Offices with panoramic views. It also features an entertainment zone managed by Reco and a rooftop restaurant with sweeping views of the capital.
Smart Investment Approach
Nuzul Tower integrates hospitality, commercial, administrative, and leisure components, supported by global operators. A unique payment scheme allows investors to pay installments from projected rental income, ensuring long-term financial security and sustainable returns.
Qurtoba’s Development Path
Qurtoba began in New Damietta with more than 50 projects before expanding to New Mansoura with One Business Center and launching its signature Nuzul brand. With Nuzul Tower, designed in partnership with Archrete consultancy, Qurtoba consolidates its footprint in the capital while advancing toward its goal of becoming a leading developer in Egypt’s fourth-generation cities.